Residential Income
For Sale
$399,000
Pending
1098 W Rosamond Boulevard, Rosamond, CA 93560
Residential Income, Rosamond, CA
Property Size2,600 SF
Lot Size0.70 Acres
Days on Market47
Property Features for 1098 W Rosamond Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Directions
Freeway 14 too Rosamond Blvd exit east to the property located on the south side of the street S/E corner of Elberta
Subdivision
16 - Rosamond to Backus
Standard status
Pending
APN
258-170-18-00-2
Size
2,600 SF
Lot size
0.70 Acres
Utilities
Cooling system
Evaporative Cooling
Building Details
Year built
1948
Number of units
3
Building materials
Frame, Stucco
Roof type
Asphalt
Listing Agency:
Coldwell Banker-A Hartwig Co. · Coldwell Banker Real Estate
(661) 948-8424
Listed By:
Todd Patterson · License #00942819
(661) 609-6046
Added: Jul 22
Changed: Sep 2
Last Checked: Sep 6 at 3:06AM
MLS# 26005663
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes (1) stand-alone house and (1) duplex, for a total of three units. The main house features 2 bedrooms and 1 bathroom and has been completely renovated on the interior. The two duplex units also offer 2 bedrooms and 1 bathroom.
Each unit includes a garage and laundry hookups. The property sits on a large lot and has its own domestic water well.
Zoning is listed as R-3. The offering is located at 1098 W Rosamond Boulevard in Rosamond, CA 93560.
Each unit includes a garage and laundry hookups. The property sits on a large lot and has its own domestic water well.
Zoning is listed as R-3. The offering is located at 1098 W Rosamond Boulevard in Rosamond, CA 93560.
Key Highlights
- Stand‑alone 2‑bedroom, 1‑bath main house plus a 2‑bedroom, 1‑bath duplex with 2 units (3 total units)
- Main house interior has been completely renovated
- Duplex units are newer than the main house; each unit has a garage with laundry hook‑ups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$649,060
$649.1K
Cap Rate 7%
$463,614
$463.6K
Cap Rate 9%
$360,589
$360.6K
Market Conditions
NOI Build-Up for 2,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.7K $18.36/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$46.4K $17.83/SF
− OpEx
−$13.9K −$5.35/SF
NOI
$32.5K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$649,060
Cap Rate 7%
$463,614
Cap Rate 9%
$360,589
Alternative Uses
Best Use
Multifamily LT 5
$463.6K
$405.7K – $540.9K
NOI $32,453 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 7.51%
Theoretical Best
Warehouse
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 93560, CA
21,581
Population
7,458
Households
2.9
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
167.9 sq mi
ZIP Area
129
Density / Sq Mi
$76,204
Median Household Income
$39,695
Median Earnings
$1,229
Median Rent
$324,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Stand-alone home plus a duplex offer three rental units, each with 2 bedrooms and 1 bathroom, and each has laundry hookups.
Where is this multifamily property located?
The property is located at 1098 W Rosamond Boulevard Rosamond, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Stand‑alone 2‑bedroom, 1‑bath main house plus a 2‑bedroom, 1‑bath duplex with 2 units (3 total units); Main house interior has been completely renovated; Duplex units are newer than the main house; each unit has a garage with laundry hook‑ups
